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Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Topic Hub

Russia

This coverage examines the activities, strategies, and challenges of retailers operating in or withdrawing from the Russian market, with a focus on commercial and operational impact. Reporting includes corporate decisions regarding market presence, supply chain adjustments, leadership statements, and financial implications — providing retail professionals with context on how geopolitical factors influence retail operations and strategy in the UK.

Russia

This coverage examines the activities, strategies, and challenges of retailers operating in or withdrawing from the Russian market, with a focus on commercial and operational impact. Reporting includes corporate decisions regarding market presence, supply chain adjustments, leadership statements, and financial implications — providing retail professionals with context on how geopolitical factors influence retail operations and strategy in the UK.

How hard will British retailers be knocked by the Iran conflict?

As the US and Israel’s war in Iran reaches its 13th day and vessels are bombed in the Strait…

Next eyes discount bid for LK Bennett as retailer nears collapse

Next is reportedly considering a cut-price bid for the fashion brand LK Bennett as the…

LK Bennett eyes sale as it swings to a loss

LK Bennett owner Byland UK has reportedly called in advisers from Alvarez and Marsal to run…

Sleepeezee pre-tax profits dip to £159k in FY23

Bed retailer Sleepeezee has reported a pre-tax profit of £159,261 for the year ended 31…

Iceland posts record profits as £1 range proves popular

Iceland has reportedly posted record profits for the full-year as it managed to control its…

Levi’s posts $11m loss despite increase in DTC revenue

Denim brand Levi Strauss and Co has reported a net loss of $11m (£8.71m) in Q1 2024 compared…

Moody’s ‘cautiously optimistic’ over Iceland’s future despite weak results

Moody’s has said it is “cautiously optimistic” over Iceland Foods’ financial future and…

Today’s news in brief-16/11/23

Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share…

Iceland posts £17m full-year loss amid soaring energy prices

Iceland has fallen to a loss of £17.1m in its latest full-year results following a “wholly…

Fred Perry reports record year as profits surge

British heritage brand Fred Perry has reported a “record year” as its profit before tax…